AB1-ASA1-AA1, s. 340h 15Section 340h. 166.02 (1r) of the statutes is created to read:
AB1-ASA1-AA1,174,1916 166.02 (1r) "Bioterrorism" means the intentional use of any biological,
17chemical, or radiological agent to cause death, disease or biological malfunction in
18a human, animal, plant, or other living organism in order to influence the policy of
19a governmental unit or to intimidate or coerce the civilian population.
AB1-ASA1-AA1, s. 340i 20Section 340i. 166.02 (1t) of the statutes is created to read:
AB1-ASA1-AA1,174,2221 166.02 (1t) "Chemical agent" means a substance that has chemical properties
22that produce lethal or serious effects in plants or animals.
AB1-ASA1-AA1, s. 340j 23Section 340j. 166.02 (7) of the statutes is created to read:
AB1-ASA1-AA1,175,2
1166.02 (7) "Public health emergency" means the occurrence or imminent threat
2of an illness or health condition that meets all of the following criteria:
AB1-ASA1-AA1,175,43 (a) Is believed to be caused by bioterrorism or a novel or previously controlled
4or eradicated biological agent.
AB1-ASA1-AA1,175,55 (b) Poses a high probability of any of the following:
AB1-ASA1-AA1,175,66 1. A large number of deaths or serious or long-term disabilities among humans.
AB1-ASA1-AA1,175,97 2. A high probability of widespread exposure to a biological, chemical, or
8radiological agent that creates a significant risk of substantial future harm to a large
9number of people.
AB1-ASA1-AA1, s. 340k 10Section 340k. 166.02 (8) of the statutes is created to read:
AB1-ASA1-AA1,175,1211 166.02 (8) "Radiological agent" means radiation or radioactive material at a
12level that is dangerous to human health.
AB1-ASA1-AA1, s. 340L 13Section 340L. 166.03 (1) (b) 1. of the statutes is amended to read:
AB1-ASA1-AA1,175,2514 166.03 (1) (b) 1. Proclaim a state of emergency for the state or any portion
15thereof of the state if he or she determines that an emergency resulting from enemy
16action or natural or man-made disaster exists. If the governor determines that a
17public health emergency exists, he or she may declare a state of emergency related
18to public health and may designate the department of health and family services as
19the lead state agency to respond to that emergency.
The duration of such state of
20emergency shall not exceed 60 days as to emergencies resulting from enemy action
21or 30 days as to emergencies resulting from natural or man-made disaster, unless
22either is extended by joint resolution of the legislature. A copy of the proclamation
23shall be filed with the secretary of state. The proclamation may be revoked at the
24discretion of either the governor by written order or the legislature by joint
25resolution.
AB1-ASA1-AA1, s. 340m
1Section 340m. 166.03 (1) (b) 8. of the statutes is created to read:
AB1-ASA1-AA1,176,52 166.03 (1) (b) 8. During a state of emergency related to public health, suspend
3the provisions of any administrative rule if the strict compliance with that rule would
4prevent, hinder, or delay necessary actions to respond to the emergency and increase
5the health threat to the population.
AB1-ASA1-AA1, s. 340n 6Section 340n. 166.03 (2) (a) 6. of the statutes is created to read:
AB1-ASA1-AA1,176,127 166.03 (2) (a) 6. No later than 90 days after a state of emergency relating to
8public health is declared and the department of health and family services is not
9designated under s. 166.03 (1) (b) 1. as the lead state agency to respond to that
10emergency and no later than 90 days after the termination of this state of emergency
11relating to public health, submit to the legislature under s. 13.172 (2) and to the
12governor a report on all of the following:
AB1-ASA1-AA1,176,1413 a. The emergency powers used by the department of military affairs or its
14agents.
AB1-ASA1-AA1,176,1615 b. The expenses incurred by the department of military affairs and its agents
16in acting under the state of emergency related to public health.".
AB1-ASA1-AA1,176,17 17216. Page 177, line 2: after that line insert:
AB1-ASA1-AA1,176,18 18" Section 343m. 177.01 (10) (a) 2. of the statutes is amended to read:
AB1-ASA1-AA1,176,2119 177.01 (10) (a) 2. Credit balances, customer overpayments, gift certificates,
20security deposits, refunds, credit memos, unpaid wages, unused airline tickets and
21unidentified remittances.
AB1-ASA1-AA1, s. 343q 22Section 343q. 177.14 of the statutes is amended to read:
AB1-ASA1-AA1,177,2 23177.14 Gift certificates and credit Credit memos. (1) A gift certificate or
24a
credit memo issued in the ordinary course of the issuer's business that remains

1unclaimed by the owner for more than 5 years after becoming payable or
2distributable is presumed abandoned.
AB1-ASA1-AA1,177,6 3(2) In the case of a gift certificate, the amount presumed abandoned is the price
4paid by the purchaser of the gift certificate. In the case of a credit memo, the
The
5amount presumed abandoned under sub. (1) is the amount credited to the recipient
6of the credit memo.".
AB1-ASA1-AA1,177,7 7217. Page 177, line 14: after that line insert:
AB1-ASA1-AA1,177,8 8" Section 346pc. 186.01 (2) of the statutes is amended to read:
AB1-ASA1-AA1,177,139 186.01 (2) "Credit union" means, except as specifically provided under ss.
10186.41 (1) and 186.45 (1),
a cooperative, nonprofit corporation, incorporated under
11this chapter to encourage thrift among its members, create a source of credit at a fair
12and reasonable cost, and provide an opportunity for its members to improve their
13economic and social conditions.
AB1-ASA1-AA1, s. 346pd 14Section 346pd. 186.02 (2) (a) 1. of the statutes is amended to read:
AB1-ASA1-AA1,177,1615 186.02 (2) (a) 1. The conditions of residence or occupation which qualify persons
16that determine eligibility for membership.
AB1-ASA1-AA1, s. 346pe 17Section 346pe. 186.02 (2) (b) 2. of the statutes is amended to read:
AB1-ASA1-AA1,178,218 186.02 (2) (b) 2. Residents Except as otherwise provided in this subdivision,
19individuals who reside or are employed
within a well-defined neighborhood,
20community or rural district
and contiguous neighborhoods and communities. If the
21office of credit unions, subsequent to a credit union merger, determines that it would
22be inappropriate under the circumstances to require members of the credit union
23that results from the merger to reside or be employed in contiguous neighborhoods

1and communities, the requirement that these neighborhoods and communities be
2contiguous does not apply
.
AB1-ASA1-AA1, s. 346pf 3Section 346pf. 186.02 (2) (b) 2m. of the statutes is created to read:
AB1-ASA1-AA1,178,54 186.02 (2) (b) 2m. Individuals who reside or are employed within well-defined
5and contiguous rural districts or multicounty regions.
AB1-ASA1-AA1, s. 346pg 6Section 346pg. 186.02 (2) (c) of the statutes is amended to read:
AB1-ASA1-AA1,178,117 186.02 (2) (c) Members of the immediate family of all qualified persons are
8eligible for membership. In this paragraph, "members of the immediate family"
9include the wife, husband, parents, stepchildren and children of a member whether
10living together in the same household or not and any other relatives of the member
11or spouse of a member living together in the same household as the member.
AB1-ASA1-AA1, s. 346ph 12Section 346ph. 186.02 (2) (d) of the statutes is renumbered 186.02 (2) (d) 1.
13and amended to read:
AB1-ASA1-AA1,178,1714 186.02 (2) (d) 1. Organizations and associations An organization or association
15of individuals, the majority of whom the directors, owners, or members of which are
16eligible for membership, may be admitted to membership in the same manner and
17under the same conditions as individuals.
AB1-ASA1-AA1, s. 346pj 18Section 346pj. 186.02 (2) (d) 2. of the statutes is created to read:
AB1-ASA1-AA1,178,2119 186.02 (2) (d) 2. An organization or association that has its principal business
20location within any geographic limits of the credit union's field of membership may
21be admitted to membership.
AB1-ASA1-AA1, s. 346pk 22Section 346pk. 186.11 (4) (title) of the statutes is amended to read:
AB1-ASA1-AA1,178,2423 186.11 (4) (title) Investment in credit union service corporations
24organizations.
AB1-ASA1-AA1, s. 346pL
1Section 346pL. 186.11 (4) (a) of the statutes is renumbered 186.11 (4) (a)
2(intro.) and amended to read:
AB1-ASA1-AA1,179,63 186.11 (4) (a) (intro.) A Unless the office of credit unions approves a higher
4percentage, a
credit union may invest not more than 1.5% of its total assets in the
5capital shares or obligations of a credit union service corporation organizations that
6satisfy all of the following:
AB1-ASA1-AA1,179,8 72. Are organized primarily to provide goods and services to credit unions, credit
8union organizations, and credit union members.
AB1-ASA1-AA1, s. 346pm 9Section 346pm. 186.11 (4) (a) 1. of the statutes is created to read:
AB1-ASA1-AA1,179,1210 186.11 (4) (a) 1. Are corporations, limited partnerships, limited liability
11companies, or other entities that are permitted under the laws of this state and that
12are approved by the office of credit unions.
AB1-ASA1-AA1, s. 346pn 13Section 346pn. 186.11 (4) (b) (intro.) and 1. of the statutes are amended to
14read:
AB1-ASA1-AA1,179,1615 186.11 (4) (b) (intro.) A credit union service corporation organization under par.
16(a) may provide goods and services including any of the following:
AB1-ASA1-AA1,179,2217 1. Credit union operations services, including service centers, credit and debit
18card services, automated teller and remote terminal services, electronic transaction
19services,
accounting systems, data processing, management training and support,
20payment item processing, record retention and storage, locator services, research,
21debt collection, credit analysis and loan servicing, coin and currency services, and
22marketing and advertising services.
AB1-ASA1-AA1, s. 346pp 23Section 346pp. 186.11 (4) (c) of the statutes is amended to read:
AB1-ASA1-AA1,179,2524 186.11 (4) (c) A credit union service corporation organization may be subject
25to audit by the office of credit unions.
AB1-ASA1-AA1, s. 346pq
1Section 346pq. 186.113 (1) of the statutes is amended to read:
AB1-ASA1-AA1,180,72 186.113 (1) Branch offices. If the need and necessity exist and with With the
3approval of the office of credit unions, establish branch offices inside this state or no
4more than 25 miles
or outside of this state. Permanent records may be maintained
5at branch offices established under this subsection. In this subsection, the term
6"branch office" does not include a remote terminal, a limited services office, or a
7service center.
AB1-ASA1-AA1, s. 346pr 8Section 346pr. 186.113 (1m) (a) (intro.) of the statutes is amended to read:
AB1-ASA1-AA1,180,119 186.113 (1m) (a) (intro.) Establish Before the effective date of this paragraph
10.... [revisor inserts date], establish
limited services offices outside this state to serve
11any member of the credit union if all of the following requirements are met:
AB1-ASA1-AA1, s. 346ps 12Section 346ps. 186.113 (6) (b) and (c) of the statutes are amended to read:
AB1-ASA1-AA1,180,1513 186.113 (6) (b) Act as trustees or custodians of member tax deferred retirement
14funds, individual retirement accounts, medical savings accounts, or other employee
15benefit accounts or funds
permitted by federal law to be deposited in a credit union.
AB1-ASA1-AA1,180,1716 (c) Act as a depository for member-deferred member qualified and
17nonqualified deferred
compensation funds as permitted by federal law.
AB1-ASA1-AA1, s. 346pt 18Section 346pt. 186.113 (24) of the statutes is created to read:
AB1-ASA1-AA1,180,2019 186.113 (24) Funeral trusts. Accept deposits made by members for the
20purpose of funding burial agreements by trusts created pursuant to s. 445.125.
AB1-ASA1-AA1, s. 346pu 21Section 346pu. 186.20 of the statutes is created to read:
AB1-ASA1-AA1,180,24 22186.20 Financial privacy. A credit union shall comply with any applicable
23requirements under 15 USC 6801 to 6803 and any applicable regulations prescribed
24by the national credit union administration under 15 USC 6804.
AB1-ASA1-AA1, s. 346pv 25Section 346pv. 186.235 (7) (a) (intro.) of the statutes is amended to read:
AB1-ASA1-AA1,181,6
1186.235 (7) (a) (intro.) Employees of the office of credit unions and members
2of the review board shall keep secret all the facts and information obtained in the
3course of examinations, except or contained in any report provided by a credit union
4other than any semiannual or quarterly financial report that is regularly filed with
5the office of credit unions. This requirement does not apply
in any of the following
6situations:
AB1-ASA1-AA1, s. 346pw 7Section 346pw. 186.235 (7) (c) of the statutes is created to read:
AB1-ASA1-AA1,181,118 186.235 (7) (c) If any person mentioned in par. (a) discloses any information
9about the private account or transactions of a credit union or any information
10obtained in the course of an examination of a credit union, except as provided in pars.
11(a) and (b), that person is guilty of a Class I felony.
AB1-ASA1-AA1, s. 346px 12Section 346px. 186.235 (7m) of the statutes is created to read:
AB1-ASA1-AA1,181,1513 186.235 (7m) Return of examination reports. Examination reports possessed
14by a credit union are confidential, remain the property of the office of credit unions,
15and shall be returned to the office of credit unions immediately upon request.
AB1-ASA1-AA1, s. 346py 16Section 346py. 186.235 (16) (a) of the statutes is renumbered 186.235 (16).
AB1-ASA1-AA1, s. 346qd 17Section 346qd. 186.235 (16) (b) of the statutes is repealed.
AB1-ASA1-AA1, s. 346qe 18Section 346qe. 186.235 (16m) of the statutes is created to read:
AB1-ASA1-AA1,181,2019 186.235 (16m) Financial privacy examination. The office of credit unions shall
20examine a credit union to determine the credit union's compliance with s. 186.20.
AB1-ASA1-AA1, s. 346qf 21Section 346qf. 186.36 of the statutes is amended to read:
AB1-ASA1-AA1,181,25 22186.36 Sale of insurance in credit unions. Any officer or employee of a
23credit union, when acting as an agent for the sale of insurance on behalf of the credit
24union, shall pay all commissions received from the sale of credit life insurance or
25credit accident and sickness
insurance to the credit union.
AB1-ASA1-AA1, s. 346qg
1Section 346qg. 186.41 (title) of the statutes is amended to read:
AB1-ASA1-AA1,182,3 2186.41 (title) Interstate acquisition acquisitions and merger mergers
3of credit unions.
AB1-ASA1-AA1, s. 346qh 4Section 346qh. 186.41 (1) (a) of the statutes is renumbered 186.41 (1) (bm) and
5amended to read:
AB1-ASA1-AA1,182,76 186.41 (1) (bm) "In-state Wisconsin credit union" means a credit union having
7its principal office located in this state.
AB1-ASA1-AA1, s. 346qj 8Section 346qj. 186.41 (1) (c) of the statutes is renumbered 186.41 (1) (am) and
9amended to read:
AB1-ASA1-AA1,182,1210 186.41 (1) (am) "Regional Out-of-state credit union" means a state or federal
11credit union that has its, the principal office of which is located in one of the regional
12states
a state other than this state.
AB1-ASA1-AA1, s. 346qk 13Section 346qk. 186.41 (1) (d) of the statutes is repealed.
AB1-ASA1-AA1, s. 346qL 14Section 346qL. 186.41 (2) and (3) of the statutes are amended to read:
AB1-ASA1-AA1,182,1615 186.41 (2) In-state Wisconsin credit union. (a) An in-state A Wisconsin credit
16union may do any of the following:
AB1-ASA1-AA1,182,1817 1. Acquire an interest in, or some or all of the assets and liabilities of, one or
18more regional out-of-state credit unions.
AB1-ASA1-AA1,182,1919 2. Merge with one or more regional out-of-state credit unions.
AB1-ASA1-AA1,182,2320 (b) An in-state A Wisconsin credit union proposing any action under par. (a)
21shall provide the office of credit unions a copy of any original application seeking
22approval by a federal agency or by an agency of the regional another state and of any
23supplemental material or amendments filed in connection with any application.
AB1-ASA1-AA1,182,25 24(3) Regional Out-of-state credit unions. Except as provided in sub. (4), a
25regional
an out-of-state credit union may do any of the following:
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